US-Israel-Iran War News Live Updates: 'US has completed its offensive operations against Iran' - Rubio clarifies amid Hormuz tensions

The Iran war has dampened activity in the UAE's private sector, reflecting the economic impact of disrupted energy supplies. The IMF expects significant strain on the economies of Gulf oil and gas exporters due to the Iran war. France urged respect for all parties and the reopening of the Strait of Hormuz, emphasizing the risks of further escalation between the US and Iran.